REP. HILL AWARDS GOLDEN FLEECE TO AMTRAK FOR FAILURE TO TURN A PROFIT SINCE ITS CREATION

WASHINGTON, D.C. – Rep. French Hill (AR-02) named Amtrak as the latest recipient of his Golden Fleece Award for its persistent financial mismanagement and failure to meet its mandate as a self-sustaining passenger rail company. Since its creation in 1971, Amtrak has received more than $100 billion in federal subsidies yet has never once turned a profit. In fiscal year 2024…